Mizuho Markets Americas LLC Sells 4,140,240 Shares of CoStar Group, Inc. $CSGP

Mizuho Markets Americas LLC lessened its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP) by 93.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 275,876 shares of the technology company’s stock after selling 4,140,240 shares during the quarter. Mizuho Markets Americas LLC’s holdings in CoStar Group were worth $11,129,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Bamco Inc. NY boosted its stake in CoStar Group by 1.3% in the 4th quarter. Bamco Inc. NY now owns 19,498,099 shares of the technology company’s stock worth $1,311,052,000 after purchasing an additional 242,533 shares during the period. State Street Corp grew its position in CoStar Group by 1.9% in the fourth quarter. State Street Corp now owns 18,632,352 shares of the technology company’s stock valued at $1,252,839,000 after purchasing an additional 348,224 shares in the last quarter. Principal Financial Group Inc. lifted its position in CoStar Group by 0.7% during the 1st quarter. Principal Financial Group Inc. now owns 17,696,192 shares of the technology company’s stock worth $713,866,000 after buying an additional 130,118 shares in the last quarter. Baillie Gifford & Co. grew its holdings in shares of CoStar Group by 56.9% in the 4th quarter. Baillie Gifford & Co. now owns 12,933,185 shares of the technology company’s stock valued at $869,627,000 after acquiring an additional 4,691,543 shares in the last quarter. Finally, Capital International Investors raised its holdings in CoStar Group by 59.7% during the fourth quarter. Capital International Investors now owns 10,842,010 shares of the technology company’s stock worth $729,020,000 after acquiring an additional 4,053,456 shares in the last quarter. 96.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Andrew C. Florance acquired 71,430 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was acquired at an average price of $35.20 per share, with a total value of $2,514,336.00. Following the completion of the transaction, the chief executive officer directly owned 1,722,865 shares of the company’s stock, valued at $60,644,848. This trade represents a 4.33% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.18% of the stock is currently owned by company insiders.

CoStar Group Price Performance

CoStar Group stock opened at $27.14 on Friday. The stock’s fifty day moving average price is $31.08 and its two-hundred day moving average price is $41.41. CoStar Group, Inc. has a one year low of $26.68 and a one year high of $97.43. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.20 and a quick ratio of 2.20. The firm has a market cap of $11.08 billion, a PE ratio of 452.41, a price-to-earnings-growth ratio of 0.71 and a beta of 0.74.

CoStar Group (NASDAQ:CSGP) last released its earnings results on Tuesday, April 28th. The technology company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. The firm had revenue of $897.00 million during the quarter, compared to the consensus estimate of $896.73 million. CoStar Group had a return on equity of 2.90% and a net margin of 0.74%.The company’s revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.04) EPS. CoStar Group has set its Q2 2026 guidance at 0.270-0.300 EPS and its FY 2026 guidance at 1.320-1.390 EPS. As a group, research analysts expect that CoStar Group, Inc. will post 1.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Stephens cut their price objective on CoStar Group from $50.00 to $42.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CoStar Group in a research report on Wednesday, June 24th. JPMorgan Chase & Co. cut their price objective on shares of CoStar Group from $82.00 to $70.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Bank of America decreased their target price on CoStar Group from $42.00 to $37.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. Finally, Wells Fargo & Company set a $26.00 price target on CoStar Group and gave the stock an “underweight” rating in a report on Wednesday, June 24th. Twelve equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, CoStar Group currently has an average rating of “Moderate Buy” and a consensus target price of $51.50.

About CoStar Group

CoStar Group, Inc is a provider of information, analytics and online marketplaces for the commercial real estate industry. The company gathers property-level data, builds market analytics and supplies research tools used by brokers, owners, lenders, investors and other real estate professionals to evaluate markets, track inventory and manage listings. CoStar’s offerings are delivered primarily through subscription-based platforms that combine proprietary databases, mapping and workflow applications to support decision-making across the property life cycle.

In addition to its core CoStar research service, the company operates prominent online listing and marketing platforms that connect buyers, sellers, tenants and brokers.